The global economy thrives on globalization and the increasing interdependence of finance, production, consumption and trade. Such integration has reduced poverty, yet varying national policies along with ever-increasing speed of transactions and market news have also contributed to imbalances, both among nations and within. Regulations often do not keep pace in managing cross-border debt, foreign direct investment, corporate practices, tax codes or economic bubbles. The eurozone crisis and the US subprime mortgage crisis have demonstrated that one nation’s problems and panic can spread like wildfire. Nations must combine a competitive spirit with cooperation to achieve stable economic growth and sustainable prosperity.

Africa After the Music Stops

The fine print of promised aid is less than what it is cracked up to be
Susan E. Rice
August 2, 2005

Dodging the Curse of Diamonds and Gold

Foreign aid to Africa can be effective – if donors avoid resource-rich countries
Desha Girod
August 11, 2005

Rising Dragon and the American Eagle – Part II

China is on the rise – but US influence in Asia shows no signs of waning
Robert Sutter
April 22, 2005

China Can Gain from Unshackling its Currency

Washington's pressure may be unwelcome, but a revaluation of the renminbi could ultimately benefit China
Rob Trudel
April 8, 2005

Angus Deaton’s Nobel Is a Victory for Globalization – And Raises Hard Questions About It

Inequality could undermine once-successful economies; foreign aid reduces government efficiency
Tim Fernholz
October 13, 2015

Climate Change Threatens Global Financial Crash

Fossil fuel industry, firms that produce high carbon emissions, control about one third of stock market
Paul Brown
October 12, 2015

Time to Ban the Bans

A culture war with religious bans could make foreign investors uncomfortable
Nayan Chanda
October 7, 2015

Can Modi Harness India’s High-Tech Diaspora?

Modi seeks overseas support for his domestic policy agenda
Rupa Subramanya
October 5, 2015

The Credit Bubble, the Bears and the Central Bankers

Credit exhaustion in emerging markets could stall global growth
Gillian Tett
October 2, 2015